Payment Analysis

1,415.00CAD/monthin Toronto, ON
    Before Taxes:
  • 1,415.00 CAD/month
  • 653.08 CAD/bi-weekly
  • 326.54 CAD/week
  • 16,980.00 CAD/year
Incl. Ontario Taxes (13%):
  • 1,598.95 CAD/month
  • 737.98 CAD/bi-weekly
  • 368.99 CAD/week
  • 19,187.40 CAD/year

Lease Takeover/Buyout Analysis

The Lease Takeover Analysis (LTA) "Leasing Purposes" section is an impartial review made by a Lease Takeover Specialist from LeaseCosts Canada Inc. and should be used as reference. (Learn more about the LTA)

For Leasing Purposes

With this deal, you are saving: 28,857 CAD

compared to leasing a BRAND NEW:

  • Tesla Model X
  • for 48 months
  • in Ontario
  • $0 down payment
  • 25,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,862
This Contract (CAD/month) 1,415
Monthly Difference 447 CAD/month
Remaining Term x 31 months
Total Monthly Difference = 13,857 CAD
+ Cash Incentive** (CAD) + 15,000
Total Savings (CAD) = 28,857
** "Cash Incentive" is not just a saving, it is physical money.

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 28,866 CAD
  • Total Vehicle Debt: 146,831 CAD
  • Paid so Far: 102,965 CAD (70% Paid)
  • Remaining Lease Payments: 43,865 CAD
  • Residual Value: 1 CAD
  • Cash Incentive: 15,000 CAD
Vehicle Debt & Value
Paid so far: 102,965 CAD Total Vehicle Value: 146,831 CAD
70% Paid
30%
Vehicle Debt Breakdown
Downpayment: 2,500 CAD Remaining Term: 43,865 CAD
Term Paid so Far: 100,465 CAD Residual Value: 1 CAD
1%
69%
29%
1%
Cost to Own
Already Paid: 102,965 CAD (70%)
Cash Incentive: 15,000 CAD Buyout Price Today: 28,866 CAD
70% Paid
10%
20%
Interested on financing the vehicle? This section automatically calculates the following scenarios: (Learn more about this financial analysis)

Finance the remaining Debt Today

Remaining Term + Residual Value: 28,866 CAD

  • 4.9%Interest Rate x 48 months
  • 663 CAD/month + tax
  • Total Payable: 31,846 CAD
  • Total Interest: 2,980 CAD
  • 8.9%Interest Rate x 48 months
  • 717 CAD/month + tax
  • Total Payable: 34,414 CAD
  • Total Interest: 5,548 CAD
  • 14.9%Interest Rate x 48 months
  • 802 CAD/month + tax
  • Total Payable: 38,491 CAD
  • Total Interest: 9,625 CAD

At the end of the Lease Contract

Residual Value: 1 CAD (in 31 months)

  • 4.9%Interest Rate x 48 months
  • 0 CAD/month + tax
  • Total Payable: 1 CAD
  • Total Interest: 0 CAD
  • 8.9%Interest Rate x 48 months
  • 0 CAD/month + tax
  • Total Payable: 1 CAD
  • Total Interest: 0 CAD
  • 14.9%Interest Rate x 48 months
  • 0 CAD/month + tax
  • Total Payable: 1 CAD
  • Total Interest: 0 CAD

Business Vehicle Analysis

This section is very important if you are interested in the vehicle for Uber, Lyft, Turo, Getaround, vehicle rental or for a business. (Learn more about this section)

Distance Analysis
Cost to drive 100km: (CAD)
5.40
  • + tax
  • + fuel
  • + insurance
(inlcuding the 15,000CAD incentive)
  • 8.21CAD/100km (TODAY without the Cash Incentive)
  • 26.12CAD/100km (Original Contract back in Sep, 2019)
Time Analysis
Cost per day: (CAD)
30.61
  • + tax
  • + insurance
  • + km driven & fuel
(inlcuding the 15,000CAD incentive)
  • 46.52CAD/day (Original Contract back in Sep, 2019)
Remaining Km
Can be driven up to:
3,978.41
  • km/week
  • without any
  • additional costs
Excess km cost: Not Provided
  • 1,250.00km/week (Contract Original back in Sep, 2019)

Seller Contact Info

This Contract was Already Transferred.

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